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Why Gold Investments are worthwhile | Gold Investment Deals

Why Gold Investments are worthwhile

October 7, 2010 by  
Filed under Tips

Let’s face it. The economy is failing. Yes, you may point out the fact that there have been glimpses and flashes of the economy recovering. It still is not an assurance it actually will recover. The World’s Economy is still licking it’s wounds, it’s only been a few months since the U.S came out of the recession, and it being one of the most powerful nation’s in the world really takes a toll on the World’s Economy. It will take years, or even decades for the World’s Economy to recover. Plus, add in the fact that the economy and market is as unstable and volatile as Francium, which by the way is the most unstable of all the first 101 chemical elements, and you’ve got a potentially deadly mix that will eventually lead to disastrous results. With all that said, these 6 reasons should be enough to sway you into thinking about diversifying your portfolio by investing in Gold.

  1. The main reason why you should even think about investing in gold is the fact that the U.S economy is weakening. What does that have in connection to Gold Investments? The metal industry, which includes gold, silver and other precious metals, is usually denominated in dollars, which by the way is cheaper to buy in other currencies. The price of gold is usually relative to that of the Dollar, which means that if Dollar loses value then Gold gains it. However, there is really not much statistical proof or evidence that Gold’s value will fall if the value of Dollar increases.
  2. The value of gold is universal. Yes, dollar is generally accepted on a worldwide scale, but its value differs on a nation to nation basis. Meanwhile, gold’s value is pretty much the same anywhere, whether you’re in Macau, in the Philippines, or in the U.S.
  3. Psychologically, Gold is appealing to the general public. Although, experts have yet to find a reason why this is so, it would be safe to say that Gold will often appear to the general public as something of a luxurious product. Not only is it psychological, but gold has been one of the most expensive products or commodities in the market for decades, and it has stayed that way for a long time. The only time its value depreciated is when the world was under a “gold standard”.
  4. Demand. The demand for Gold nowadays is more than ever. With the emergence of China and India, in which experienced a dramatic increase in their demand for gold (50% for India), it would be safe to say that you shouldn’t worry too much about the price of Gold. Speaking of increases, there is enough statistical evidence or proof that shows that gold has experienced a steady increase with its value for the past six years, dating back to 2004.

With that said, there is no better time to start diversifying your portfolio and investing in Gold than right now. Yes, you heard me right, right now. Experts have calculated that gold’s value will continue to increase, and will likely hit $3,700 per ounce in a span of 6 years. That’s a huge increase, considering that it sells for only about a thousand dollars per ounce nowadays.

Read more: http://www.articlesbase.com/investing-articles/superior-gold-group-top-6-reasons-why-gold-investments-are-worthwhile-in-this-economy-2573063.html#ixzz11dWzF7P5
Under Creative Commons License: Attribution

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